For a monopolist, there is no supply curve because
A)the supply curve is the same as the marginal cost curve
B)the monopolist does not maximize profit
C)the quantity supplied is independent of marginal cost
D)the quantity supplied is independent of demand
E)there is no unique relationship between price and quantity supplied

Question

Quizplus · Accepted Answer

For a monopolist, the quantity supplied depends on the demand curve and the monopolist's marginal cost, meaning there is no unique price-quantity relationship as in competitive markets.

For a Monopolist, There Is No Supply Curve Because